Member states to nominate candidates for next IFAD President

ROME.17 Sept. - (ANA) – The International Fund for Agricultural Development (IFAD) today announced a call to its 177 Member States to nominate candidates for the Fund’s next President.

IFAD is a specialized United Nations agency and international financial institution focused on the alleviation of rural poverty and hunger.

The President is IFAD’s most senior position with responsibility for leading the organization and chairing its Executive Board. Nominations for President can only be made by IFAD Member States and must be received by the Secretary of IFAD no later than 23 November 2020.

The President will lead IFAD at a crucial time. The COVID-19 pandemic is predicted to leave more than 83 million people hungry by the end of the year, and raise the number of people living in poverty for the first time in decades.  Increased investments in rural areas are not only needed to achieve the Sustainable Development Goals of ending poverty and hunger, but also to help people recover from the impact of the pandemic, rebuild more sustainable food systems, and increase the resilience of small-scale farmers to shocks.

Following the nomination process, the appointment of the next President will take place on 17 February 2021 during IFAD’s annual Governing Council meeting. The Governing Council is IFAD's principle governing body with full decision-making powers.

The President of IFAD serves a four-year term, renewable once. The newly appointed President will take office on 1 April 2021.  - (ANA) -

AB/ANA/17 September 2020 - - -